Printer Friendly

Okun Enterprises wins auction for Chicago Express.

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

Okun Enterprises Inc, a real estate investment and management company based in Indianapolis, US, has won the auction for Chicago Express, a commuter airline owned by ATA Holdings Inc.

A federal judge overseeing the airline's bankruptcy had reportedly authorised the auction. The results of the auction were announced by ATA Holdings, but though it is known that six bidders took part in the auction, no details of the winning bid were disclosed, The Associated Press reported.

In addition to the airline, Okun reportedly also agreed to acquire two Saab 340B aircraft from ATA Holdings.

((Comments on this story may be sent to aii.feedback@m2.com))
COPYRIGHT 2005 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Airline Industry Information
Geographic Code:1USA
Date:Apr 1, 2005
Words:114
Previous Article:Cathay Pacific to pay out back payments and adjust wages after court ruling.
Next Article:Man who planned to bomb Los Angeles airport to receive sentence.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters